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Liberty Mutual Home Insurance Review

Since 1912, Liberty Mutual has provided home insurance products to customers surrounding their Boston headquarters and beyond. Today, the company is the fifth-largest global property and casualty insurer on the market. But do Liberty Mutual’s home insurance products stand up to their many accolades? Our team used SimpleScore, our proprietary methodology, to evaluate Liberty Mutual’s […]

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Personal Line of Credit vs. Personal Loan

If you’re considering personal loans vs. a personal line of credit, start by understanding the key differences between the two products. Both personal loans and personal lines of credit can be useful resources but picking the right one largely depends on how you intend to use the funds and how much money you need to […]

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Tax Withholdings and Savings Questions, Answered

Looking at your pay stub and seeing how much money is being withheld from your paycheck can be confusing and frustrating. You worked to earn a certain amount of money, then that pay is nickeled and dimed until your actual paycheck is much smaller. But how do tax withholdings actually work and where is that […]

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Reverse Mortgage: Pros and Cons

You hear a lot about mortgages these days, but you don’t hear much about reverse mortgages. Reverse mortgages are a unique type of mortgage that’s limited in scope and who can qualify. Unlike a typical mortgage, which provides you with a loan to buy a home, a reverse mortgage lends the homeowner money from the […]

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The Best Homeowners Insurance Companies in Colorado

The best home insurance companies in Colorado Best for coverage options and discounts: Allstate Best for low rates: ASI Progressive Best for military families: USAA Best for customer satisfaction: Country Financial Best local insurance company: Colorado Farm Bureau Mutual Insurance [ Read: How to Pick Your First Homeowners Insurance Policy ] Choosing your provider In […]

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What Is a Conventional Loan?

Current mortgage rates are low, making the path to homeownership a reality for a wide group of potential homebuyers. Not only are rates low, but there are many different types of mortgages to choose from that come with low rates. Conventional loans are the most common, but what is a conventional loan, and more importantly, […]

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What Is a Jumbo Loan?

The cost of a home can vary dramatically from one city or a state to another. Just take the average price of a home in Lancaster, California, into account. The cost of a home in Lancaster is $320,494, but if you drive 50 miles west toward the coast, you’ll find that the median home price […]

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How Much Should I Have in Savings? Answered.

The unprecedented pandemic brought the importance of savings to light by hurting millions of Americans who did not (or were unable to) prioritize saving over spending. Those who had three to six months of expenses were more likely able to weather the storm. But how, exactly, can someone put away enough — and maximize their […]

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FHA Down Payment Requirements, Explained

Many individuals who want to buy a home are delayed because of the large down payment expected. If you’re looking to buy a home in the $300,000 range, you’ll typically need to have roughly $60,000 in cash ready (plus closing costs) to make the homeownership dream possible. The federal government recognizes how hard it is […]

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How to Refinance Your Mortgage

Refinancing your mortgage may help you cash in on interest rate savings, lower monthly payments and even get you access to your home’s equity. Before you move forward with a refi, though, you need to know what situations a refinance is ideal for. Mortgage interest rates are extremely low right now, so the talk of […]

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